$569,000
SOLD MAY 12, 2025
Last list price

Natiivo Austin 48 East Ave Unit 1603 Austin, TX 78701

Rainey Street Historic District Neighborhood
1 Bed
1 Bath
641 Sq Ft
$690/mo HOA Fee

Recently Sold

$888 Per Sq Ft

48 Days on Market

Highlights

  • Concierge
  • Water Views
  • 24-Hour Security
  • Mathews Elementary School Rated A
  • Fitness Center
  • Rooftop Deck

About This Home

As of May 2025

This beautifully furnished one-bedroom condo at Natiivo Austin presents an incredible investment opportunity. Nestled in the vibrant Rainey Street District, it boasts stunning northern views of Lady Bird Lake and the Austin skyline. This Airbnb-friendly unit offers ultimate convenience, located just steps away from Austin's top dining, nightlife, and entertainment options and the hike and bike trail.Natiivo Austin combines hotel-style experience with the convenience and flexibility of home-sharing, featuring a master host to enhance your experience and impress your guests, professional housekeeping, 24 hr concierge and valet. Natiivo offers a luxurious lifestyle with an array of exceptional amenities to elevate the living experience. The building features a rooftop pool with outdoor cabanas, perfect for relaxation while taking in breathtaking views, a state-of-the-art fitness center, lobby coffee bar, a pet grooming center and car charging stations.This turnkey condo is ready for immediate rentals, making it a consistently booked and ideal income-generating investment. Whether you're looking for a short-term rental, long-term investment, or a flexible living space, Natiivo Austin offers unparalleled convenience and potential.

Last Agent to Sell the Property

Danielle Reali

Compass RE Texas, LLC Brokerage Phone: (512) 809-5922 License #0636543 Listed on: 03/13/2025

Compass RE Texas, LLC

Co-Listed By

Sarah Thomas

Compass RE Texas, LLC Brokerage Phone: (512) 809-5922 License #0600431

Last Buyer's Agent

Gabriel Mendoza

Redfin Corporation License #0738815

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,014

Year Built

  • Built in 2021

Lot Details

  • North Facing Home
  • Property is in excellent condition

HOA Fees

  • $690 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Community Parking Structure

Property Views

Home Design

  • Slab Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 641 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Drapes & Rods
  • Laminate Flooring

Kitchen

  • Open to Family Room
  • Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Schools

  • Mathews Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District Sewer
  • High Speed Internet

Additional Features

  • No Interior Steps

Listing and Financial Details

  • Assessor Parcel Number 02030328660000

Community Details

Overview

  • Association fees include common area maintenance
  • 48 East Association
  • Built by Pearlstone
  • Natiivo Austin Subdivision

Amenities

  • Concierge
  • Valet Parking
  • Rooftop Deck
  • Community Barbecue Grill
  • Common Area
  • Community Storage Space

Recreation

  • Dog Park

Security

  • 24-Hour Security
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,014

Year Built

Built in 2021

Lot Details

0

HOA Fees

$690 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2021
  • Additional Parcels: No
  • Direction Faces: North
  • Directions: From I-35, go East on Airport for 1 mile, turn left onto Manor, turn right onto EM Franklin. Community will be on the left.
  • Disclosures: MUD, Seller Disclosure
  • Fencing: None
  • Garage Spaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 641
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Co List Office Mls Id: ACT700459
  • Co List Office Phone: (512) 575-3644
  • Attribution Contact: (512) 809-5922
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 11056.00
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: None
  • Unit Style: Tower (14+ Stories),See Remarks
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, High Ceilings, No Interior Steps, Open Floorplan, Recessed Lighting, Walk-In Closet(s)
  • View: City, Water
  • Flooring: Laminate
  • Accessibility Features: None
  • Appliances: Dishwasher, Electric Cooktop, Oven, Refrigerator
  • Main Level Bedrooms: 1
  • Property Condition: Resale, Excellent
  • Security Features: 24 Hour Security, Building Security
  • Spa Features: None
  • Window Features: Drapes, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Unit
  • Num Dining: 1
  • Num Living: 1

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Roof: Concrete
  • Builder Name: Pearlstone
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Valet
  • Total Parking Spaces: 1

Utilities

  • Sewer: MUD
  • Utilities: Electricity Connected, High Speed Internet, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Monthly
  • Association Fee: 690

Association/Amenities

  • Association Name: 48 East
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Clubhouse, Common Grounds, Concierge, Dog Park, Fitness Center, Garage Parking, High Speed Internet, Pool, Property Manager On-Site, Rooftop Lounge, Storage

Schools

  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: None
  • Parcel Number: 02030328660000
  • Lot Size Acres: 0.0012
  • Lot Size Sq Ft: 52.27
  • Subdivision Name: Natiivo Austin

Building Info

  • Construction Materials: Concrete
  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13013.64
  • Tax Filled Sqft Total: 641
  • Tax Rate: 1.89000000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
May 8, 2025
Sold by
Davis Eric and Davis Kristen
Bought by
Geary Michael
Seller's Agent
Danielle Reali
Compass RE Texas, LLC
Buyer's Agent
Gabriel Mendoza
Redfin Corporation
List Price
$585,000
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.65%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Heritage Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $386,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold -- -- --
04/30/2025 04/30/25 Pending -- -- --
04/07/2025 04/07/25 Price Changed $569,000 -2.7% $888 / Sq Ft
03/13/2025 03/13/25 For Sale $585,000 -- $913 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $13,014 $664,696 $36,384 $628,312
2022 $2,239 $113,377 $26,495 $86,882
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Danielle Reali

    Compass RE Texas, LLC

  • S

    Seller Co-Listing Agent in 2025

    Sarah Thomas

    Compass RE Texas, LLC

  • G

    Buyer's Agent in 2025

    Gabriel Mendoza

    Redfin Corporation

See All Agents

About Natiivo Austin

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6592305

Unlock MLS (Austin Board of REALTORS®)

APN: 958574

Texas Travis County Austin 78701 Rainey Street Historic District

48 East Ave Unit 1603, Austin, TX

This home is located at 48 East Ave Unit 1603, Austin, TX 78701 and is currently estimated at $569,000, approximately $887 per square foot. This property was built in 2021. 48 East Ave Unit 1603 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and Headwaters School.

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